Govt to set up 3 bulk drug parks to make APIs for medicine Ruchika Sharma4 Jan 2021 12:35 PM IST"It is high time we produce also the chemicals and other raw materials used in making live-saving drugs rather than depend on China," said Gowda in a...
Indoco Remedies bags tenders worth Rs 140 crore for Allopurinol Tablets in Germany Ruchika Sharma9 Dec 2020 12:36 PM ISTMumbai: Indoco Remedies has recently announced that the company won major tenders worth Rs. 140 cr. in Germany, including the AOK for Allopurinol...
Piramal Pharma invests over Rs 235 crore to expand Michigan facility Ruchika Sharma8 Dec 2020 2:00 PM ISTNew Delhi: Piramal Pharma Solutions on Tuesday said it is investing around USD 32 million (over Rs 235 crore) to expand its facility in Michigan, US,...
Govt looking to provide industrial parks with facilities to grow API, pharmaceutical, nutraceutical industry; Gowda Ruchika Sharma23 Nov 2020 1:23 PM ISTDelhi: Government is proactively looking to provide industrial parks with facilities to grow API, pharmaceutical and nutraceutical industry, D V...
Cipla prioritizes on Digital Adoption and resilient operations to achieve sustained Growth Ruchika Sharma9 Nov 2020 12:22 PM ISTNew Delhi: Pharma major Cipla is looking at sustaining growth through the pandemic and has decided certain priorities for the coming quarters,...
PAG along with CX Partners, Samara Capital to acquire API maker Anjan Ruchika Sharma13 Oct 2020 1:30 PM ISTMumbai: Asia-focused private equity firm, PAG, has recently announced that along with consortium partners CX Partners and Samara Capital, it had...
Madras HC directs to constitute committee to diminish reliance on China for API imports MD Bureau9 Oct 2020 5:20 PM ISTAccording to the order, the proposed committee would facilitate the necessary requirements of Vinkem Labs, including fiscal and regulatory for...
Two-thirds of active ingredients for generic drugs manufactured in Asia: European Study Ruchika Sharma8 Oct 2020 12:30 PM ISTMore than 80 percent of Asia's certificates are held by manufacturers in India and China where the majority of producers are concentrated in just a...
Impact of COVID-19 on Indian Pharma Industry: Minister apprises parliament Farhat Nasim16 Sept 2020 11:58 AM ISTUnder the Production Linked Incentive (PLI) Scheme, financial incentives shall be given based on sales made by selected manufacturers for 41 products...
India to step up API production: NITI Aayog CEO Ruchika Sharma8 Sept 2020 5:24 PM ISTNITI Ayog CEO, Amitabh Kant said that India has launched a new scheme to boost the production of active pharmaceutical ingredients that are greatly...
Mylan Indian unit gets USFDA warning over quality control issue Ruchika Sharma3 Sept 2020 12:42 PM ISTUS: Mylan NV received a warning from U.S. regulators for failing to ensure key drug ingredients made at one of its plants in India were not...
Morepen Labs net profit leaps over two-fold to Rs 19.36 crore in Q1 Ruchika Sharma2 Sept 2020 1:17 PM ISTAPI sales revenue during the quarter grew by 44 percent to Rs 162.06 crore, the filing said.
